USD/JPY Intraday: key resistance at 110.95.
Pivot: 110.95

Most likely scenario: short positions below 110.95 with targets at 110.20 & 110.00 in extension.

Alternative scenario: above 110.95 look for further upside with 111.15 & 111.40 as targets.

Comment: as long as 110.95 is resistance, look for choppy price action with a bearish bias.

 

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